How to Use BitMEX in USA in 2024

BitMEX is a popular leverage trading platform that allows users to trade on leverage with most cryptocurrency options.

Unfortunately, since Bitmex is not authorized by the Commodities Futures Trading Commission (CFTC), you cannot access BitMEX to trade or buy crypto in the USA.

But we have a pretty simple solution to this problem. If you use a Virtual Private Network (VPN), you can connect to a server in a permitted country, allowing you to trade on thatplatform even from the USA. Traders can also benefit from this VPN connection because it will encrypt any Bitcoin-related traffic, enhancing security and privacy when making transactions.

Keep reading to find out more…

What is BitMEX? 

BitMEX stands for Bitcoin Mercantile Exchange, which is one of the top trading platforms for experienced traders.

If you use BitMEX, you can trade with up to 100x your assets, which comes with a higher risk of loss, but also a higher chance for a profit for traders.

BitMEX only trades in Bitcoins, and it has a sophisticated UI that is suited for advanced traders. For a beginner-friendly option, you can start trading on BitMEX testnet to learn the ropes of BitMEX without depositing funds.

Why You Need a VPN for BitMEX in USA

If you are located in the USA, you will find BitMEX banned.

This ban roots back in 2015, when the cryptocurrency exchange and platform for derivative trading was forced to ban USA traders because of national regulations and laws.

Since then, BitMEX is not authorized by the CFTC.

Because of its lack of licensing, traders can’t use this trading platform in the USA without a VPN. When you use a VPN to access the BitMEX exchange, you can conceal your actual IP address and replace it with an IP address in your VPN server country.

US citizens using a VPN will also get the added benefit of encryption. A VPN sends all your traffic through an encrypted tunnel, so all of your trading activity on BitMEX will be anonymous and private, keeping you safe from your Internet Service Provider, third parties, and cyberthreats.

You can connect your VPN on your Windows, Android, iOS, or Mac, and setup for the VPNs that we recommend in this article is really simple.

How to Choose the Best VPN to Access BitMEX 

To search for the most effective VPN to access BitMEX, here are the features to keep in mind:

 Speed: When you are using Bitcoin/cryptocurrency trading platforms, you need fast Internet connection to make sure you have real-time access to the market with no lag.

 Server locations: Because of the fact that you cannot use BitMEX in certain countries, like the USA, you will need to find a VPN for BitMEX that has servers in permitted locations so you can access BitMEX freely from anywhere.

 Security: Since BitMEX deals with financial information and transactions that should remain private, a VPN for BitMEX should have military-grade encryption and DNS leak protection to prevent your data from being leaked.

 Support: Use a VPN for BitMEX that is compatible with your Windows, Android, or other platforms and operating systems, and that has support readily available if you need help with your VPN account.

3 Best VPN Services for BitMEX 

Here are the top VPNs that US citizens can safely use to access the BitMEX platform:

1. ExpressVPN

ExpressVPN is the most reliable VPN provider for traders in the US who want to access the BitMEX exchange and engage in cryptocurrency trading.

To bypass the US blocks on BitMEX, ExpressVPN users can connect to servers accessible in Europe or Southeast Asia.

ExpressVPN has a server network of more than 3,000 high–speed servers in over 94 countries around the world, so there is never a problem finding a fast and secure server to access your BitMEX account.

If you are worried about hackers and online security, ExpressVPN has AES 256–bit (military–grade) data encryption, a Kill Switch, a strict no–logging policy, and DNS and IPv6 leak protection, so users will be anonymous and protected whenever using this cryptocurrency exchange platform.

Installing ExpressVPN is really easy, and you can download your VPN apps to use on your Android or iOS devices, or download browser extensions for your macOS or Windows computers.

2. NordVPN

If you are in the USA where the BitMEX platform is not accessible, you can also count on NordVPN to help you access your Bitcoin trading service. NordVPN has the benefit of being a few dollars cheaper than ExpressVPN, but equally dependable and only slightly slower.

NordVPN has the same Internet protection features to keep your IP Addresses concealed, as this is the primary concern when you want to access this platform. NordVPN also has the added option of connecting to its Double VPN protection, which would send your Internet traffic through an additional layer of encryption before it reaches its location for extra anonymity.

With NordVPN you can also access such crypto exchange platforms as Binance and Kraken.

3. Surfshark

Surfshark costs only $2.49/month, and it also allows users to connect an unlimited number of devices to one single account, so when you register for Surfshark, all of your gadgets can connect to the Internet using this secure VPN to trade, stream, torrent, game, or more.

Surfshark also offers top online protections, which are vital when it comes to the crypto-trade market, like AES 256–bit encryption, a Kill Switch, and a strict no–logs policy.

You can find and download the Surfshark application on the Apple Store, Google Play Store, or the official Surfshark website, and it is easy to set up your account in minutes.

Can I Use a Free Virtual Private Network for Bitmex?

Most people find it hard to pass up anything free, but when it comes to trading crypto, using any of the free VPN services can be a disaster, both in terms of their lack of online protection features and their reputation for not always effectively bypassing regional blocks.

We recommend using a premium VPN instead and taking advantage of the money-back guarantee offered.

FAQs

Conclusion

When it comes to crypto-trading on BitMEX from the USA, a VPN is a must. We recommend using ExpressVPN for BitMEX, and you can get our exclusive deal by clicking here.